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20121104
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Search Results 0 to 20 of about 21 (some duplicates have been removed)
.com. >> the dow is up 140 and gm i think is just moving down. what's going on with gm, please nicole? >> we continue to get the numbers on auto sales and general motors coming out with auto sales for the u.s., rose 4.7% and they also raised their year end inventory. target, reducing stocks to the down side, and gm reported a 13% drop in the third quarter profit and they've seen losses in europe and that obviously has been a continued theme. stuart: all right, nicole, thank you. >> thanks. stuart: oh, i was waiting for some animation to appear, it didn't appear so i'll launch right into my take, here we go. look, when the storm hit, i was in mississippi. the state has a terrific economic education program and i was fully engaged with some of the teachers and students so i watched sandy from a distance. i came home to new jersey yesterday, here is my take on that. i flew from jackson, mississippi to atlanta georgia, and from there to washington d.c. and that's as far as i could get my plane or train. to get to the new york area, i had to drive, and that tells you something. three days after t
decline. they're talking about this cold war between japan and china. gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that they have always had huge cash awards. >> the announcement is out, they have promoted a number, a series of people. joe henriks, president of the americas, even know dell, most, a number of different things including the promotion of fields. >> asia, africa is the rangernd a the ranger is selling very well. >> it's a big story, you got it here first. >> all right, a lot of people did. of course not the only story out this morning. if you do want to get the latest out of the recovery, sandy, remain without power in the storm region. some
are told governor romney to knock it off. gm said, we have been creating jobs in the united states should be a sort of bipartisan pride and i couldn't agree more. and i understand that governor romney has had a tough time here in ohio because he was against saving the auto industry and it's hard to run away from that position when you're on videotape saying the words, let detroit go bankrupt. and i know we're close to an election, but this isn't a game. these are people's jobs. these are people's lives. these car companies are putting a lot of effort to make great products, but also to make sure that everybody in america knows how committed they are to making cars here in america. so you don't scare hard work and americans just to scare up some votes. that's not what being president is all about. that's not leadership. when i first made the decision to rescue the auto industry, i knew it wasn't popular. and despite the fact that one out of eight jobs in ohio are connected to the auto industry in some way, it wasn't even popular here in ohio. but i knew it was the right thing to do. i knew
't know the number one investment of the vulture was the that division of gm? and by the way the romney campaign has confirmed that he made the money and it looks like it may be at the top of the range $115 million. >> so let me ask you this. if he'd released his tax returns, would we have needed investigative reporting? >> yeah, you would. because he's hiding it very well. he's taken the money, he earned the 15 to $115 million and moved it, the in-koorcorporation of d moved it from troy, michigan to the isle of jersey. a notorious tax haven. >> the isle of jersey is not new jersey. >> leave the boss out of it. exactly. so yeah, they moved all the jobs. and this is the other side of the story which people have not noticed. the vulture and his silent partner, romney, took over the auto parts division of general motors. they moved the 25 plants that they had control of, they moved 24 of those plants to china and asia. every plant. they didn't save those plants. it wasn't like this was gm. he actually got rid of the employees, moved the jobs to china and moved his money to iraq off the coa
took gm into bankruptcy and sold chrysler to italian who is are going to build jeeps in china. >> of course it turns out it's not true. the company ceo told governor romney himself knock it off. >> reporter: the squabble over that spot has made headlines here in ohio, the obama campaign hit back on air. >> politics at its cynical worst. >> reporter: on a stump the president is casting it as part of a larger message. >> massaging the facts when they're inconvenient to your campaign, that's definitely not change. that's the oldest trick in the book. yeah. that's what governor romney's been doing these last few weeks. and i know what real change looks like because i've fought for it. right along side you. and after all we've been through together, we sure can't give up now. >> report from cnn's jessica yellin. she's with the president in lima, ohio, right now. we'll speak with her later. we have reporters all over the country right now getting ready for tuesday's election. they're in all the key battleground states. much more coming up from all of these reporters. meanwhile, the
assert general motors and chrysler are adding jobs in china at the expense of workers in ohio. both g.m. and chrysler have protested. but the romney campaign insists the facts in the ads are accurate. syrian government forces stepped up widespread air assaults on opposition strongholds today, anti-government activists said, after a holiday ceasefire fell apart. amateur video showed mig fighter jets strike near a mosque on the outskirts of damascus. warplanes also pounded the north, in towns including dair al zour. two days of bombing have left at least 185 people dead. meanwhile, u.s. secretary of state hillary clinton called for a shakeup of the syrian opposition in its bid to oust president assad. she said it should include people who've been fighting on the front lines, not just activists who've lived outside of syria for decades. in china, a government think tank urged leadership to end the country's one-child policy. it recommends each family be allowed to have two children by 2015, and by 2020 all limits be dropped. the one-child policy was introduced in 1980 to help curb china's
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central focus of the debate. we have spoken to senators on both democrat and republican sides of the aisle, senator rob portman and sherrod brown about this ad. take a listen. >> i say it is the most disingenuous ad i've ever seen. they know better. they know the auto rescue worked. they know that ohio reasons connected directly or indirectly to the auto rescue and they know that governor romney and my opponent's opposition to the auto rescue, they're trying to crowd the issue and it is pretty outrageous. >> it is their game to the extent it is reported in the media and that's all they have said, there is reports this could happ
like. >> we're in toledo. >> we were in youngstown yesterday. it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number that people pay a
credit for the survival of gm and chrysler. >> i understand governor romney has time in ohio because he was against it in the auto industry and hard to run away from that position when you're on videotape saying the words let detroit go bankrupt. dennis: geometrics or went bankrupt a merge with help in federal financing. governor romney's plan would government providing guarantees for post-bank of the financing. meanwhile in wisconsin governor romney hit his campaign closing argument. >> he is so sure of that he has one big plan for the next four years. he wants to take all the ideas from the first term, the stimulus, the borrowing, obamacare, all the rest and do it all over again. that idea can be boiled down to four words, more of the same. dennis: president obama spends all day in the buckeye state. back to you. cheryl: more breaking news continuing into fox business. fema now arriving in staten island. let's go back to the latest there. cheryl: this is national guard distributing supplies to people who need party, and they set this up about 10 minutes ago. the bunch of people taking
weeks right here in ohio. at to got folks who work be gm plant calling their employers worried asking if it is true that our jobs are being shipped to china. governor romney has been running an ad that says so. except that it's not true. everybody knows it's not true. it the companies themselves have told them they are cutting jobs. creating jobs in america should be a point of partisan pride in what sh-- and i could not agree more. romney has had a tough time in ohio because he was against saving the automobile industry. saying "lead detroit go bankrupt." this is not a game. these are people's jobs. these are people's lives. these car companies are putting a lot of effort into making great products but also making sure that everyone in america knows how committed they are to making cars here in america. you do not scare hard-working americans just to scare up some votes. that's not what being president is all about. that's not leadership. when i first made the decision to rescue the automobile industry, i knew it was not popular. one out of eight jobs in ohio are connected to the aut
Search Results 0 to 20 of about 21 (some duplicates have been removed)